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What productivity statistics don’t tell you – Andrea Montanino, Livio Romano and Fabrizio Trau – Il Sole 24 Ore

Italian manufacturing ranks 7th in the world in terms of added value, 4th for productive diversification, 2nd for export competitivity and it has an investment rate that is higher than its main European rivals, Germany included. And yet, there exists a widespread notion that for a long time it has been suffering from a serious lack of competitivity.

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